The Stock Market Thread

Oh other drivers I heard were that Johnson & Johnson has admitted they knew that there was asbestos in their talcum powder & Goldman Sacks getting sued for some shit in Malaysia.

 

Also heard we're on track to have the worst December since 1931.

That's kinda scary.

 

same to you. has been a crazy year for me working on buying out my partner and replacing some key employees. looking forward to next week and taking some time off then.

 

i truly expect a year end rally. we shall see. there aren't many trading days left.

 

Congrats. You're going to be all too high fallutin' for us at 8th before long. Haha.

Get some rest. Sounds like you've earned it.

 

hardly, but it will be worth it long term

thank you sir!

 

My Roth would appreciate that. Ixm fast approaching the time to cash it in.

 

If Fed raises rates you can go ahead and kiss that rally goodbye.

 

Margin call. I put more cash in my portfolio, or sell some stuff.

I don’t want to sell anything. So I’ll just put in some more cash.

When stocks go down, it’s a great time to buy. So I buy, on margin. Which is essentially a loan.

But if the market keeps going down after... then the collateral (the stock itself) loses its value, right. So sell something, or put more cash in, to offset the collateral loss on the loan (margin call).

More or less.

 

man you have balls. even i don't buy shit on margin.

 

I don’t go beyond the level of cash I’m able to put in, that is sitting else where.

I’m not in for like my house or anything. It just means I lose some diversification for a period of time.

Hopefully not too long because the rate is shit.

 

RIP to the economy

 

It will come back. Might be awhile.

 

there really aren't any signs of an economic slowdown except a slight plateau in housing.

 

I hope you're right, but what about global indicators? Anything there?

 

developed europe isn't doing great and china is slowing down, but that shouldn't kill the US.

 

Thanks.

 

But ask if he saw this sell off coming.

Not saying that in a dickish way, just saying there are elements to all this that defy forecasting and only make sense in hindsight.

 

Suppliers are cutting back forecasts for 19. Investors are currently skiddish. Those don't mix well together.

 

well i can tell you the inverse indicators are off the charts bullish and the economic numbers are all still trending up by and large. it can become a self fulfilling prophecy certainly.